Income-producing two-family home offering strong upside potential in Newark. This property features two spacious 3-bedroom units with separate utilities and a private backyard.Unit 1 includes 3 bedrooms and 2 full bathrooms, one on the first floor, and a second full bath in the finished basement. The first floor features a living room and eat-in kitchen, while the finished basement adds a second kitchen, two bonus rooms, and direct access to the backyard.Unit 2 offers 3 bedrooms, 1 full bath, living room, and eat-in kitchen on the second floor. Additional features include separate utilities, baseboard heating systems, street parking, and backyard space. Do not disturb the tenants.
Active
$615,000
111 Ridgewood Ave, Newark City, NJ 07108
6beds
10,998sqft
Est.:
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$56/sqft
$-- HOA
What's special
- 22 days |
- 563 |
- 13 |
Zillow last checked: 23 hours ago
Listing updated: March 03, 2026 at 04:49am
Listed by:
Patrick Grandison 347-204-7368,
Exit Platinum Realty
Source: GSMLS,MLS#: 4010092
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard - Electric, Baseboard - Hotwater, Electric, Natural Gas
Appliances
- Included: Range/Oven - Gas
Features
- Bedrooms, Eat-in Kitchen, Living Room, See Remarks, Eat-In Kitchen
- Basement: Yes,Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 10,998
- Total interior livable area: 10,998 sqft
Property
Parking
- Parking features: On Street
Lot
- Size: 2,613.6 Square Feet
- Dimensions: 24.11 x 105
Details
- Parcel number: 1614026920000000080000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cinder Block, Composition Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1890
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Newark
Financial & listing details
- Price per square foot: $56/sqft
- Tax assessed value: $139,800
- Annual tax amount: $5,316
- Date on market: 2/21/2026
- Total actual rent: 19998
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,253/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Listed for sale | $615,000-9.6%$56/sqft |
Source: | ||
| 5/31/2025 | Listing removed | $680,000$62/sqft |
Source: | ||
| 3/3/2025 | Price change | $680,000-5.6%$62/sqft |
Source: | ||
| 11/22/2024 | Listed for sale | $720,000+44%$65/sqft |
Source: | ||
| 8/24/2023 | Sold | $500,000+92.3%$45/sqft |
Source: Public Record Report a problem | ||
| 12/2/2022 | Sold | $260,000+8.3%$24/sqft |
Source: | ||
| 10/25/2022 | Pending sale | $240,000$22/sqft |
Source: | ||
| 9/26/2022 | Contingent | $240,000$22/sqft |
Source: | ||
| 8/8/2022 | Listed for sale | $240,000$22/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,317 | $139,800 |
| 2024 | $5,317 +57.6% | $139,800 +57.4% |
| 2023 | $3,374 | $88,800 |
| 2022 | $3,374 | $88,800 |
| 2021 | $3,374 +1% | $88,800 |
| 2020 | $3,340 +37.4% | $88,800 |
| 2019 | $2,430 | $88,800 |
| 2018 | $2,430 -20.5% | $88,800 |
| 2017 | $3,055 +4% | $88,800 |
| 2016 | $2,938 +6.7% | $88,800 |
| 2015 | $2,754 +5% | $88,800 |
| 2014 | $2,622 -35.2% | $88,800 -27% |
| 2012 | $4,047 +4.7% | $121,600 |
| 2011 | $3,867 +16.1% | $121,600 |
| 2010 | $3,331 +5.4% | $121,600 |
| 2009 | $3,160 +4.4% | $121,600 |
| 2008 | $3,028 | $121,600 |
| 2007 | $3,028 | $121,600 |
| 2006 | -- | $121,600 |
| 2005 | -- | $121,600 |
| 2004 | $2,627 | $121,600 |
| 2003 | -- | $121,600 +1401.2% |
| 2002 | -- | $8,100 |
| 2001 | -- | $8,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,050/mo
Principal & interest
$3015
Property taxes
$1035
More affordability tools
Climate risks
Neighborhood: South Broad Street
Nearby schools
GreatSchools rating
- 3/10Belmont-Runyon Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 0.2 mi
- 1/10Central High SchoolGrades: 9-12Distance: 0.7 mi





